Current Portfolio
Unless otherwise indicated, we have removed all stops for now. Too much volatility this week:
* Tuesday the Fed meets
* UN Security Council on Iran
In this model, we are not trading aggressively to lock in every peak and then buy back at the trough. The purpose of this portfolio is to show that you - someone who is not actively trading - can still achieve market beating results.
Overall, I think money is rolling back into the US market from the housing market. We have $17K+ in cash which I see putting back into a few stocks.
Stock Shares Purchase Price
MRVL 200 49
JLG 263 38
JOYG 242 37.17
MDR 211 42.74
AKAM 603 19.89
STX 597 20.1
GRP 250 49.23
SNDK 175 70.02
Dividends $311.46
Cash $17,072
Total Value: $118,527
* Tuesday the Fed meets
* UN Security Council on Iran
In this model, we are not trading aggressively to lock in every peak and then buy back at the trough. The purpose of this portfolio is to show that you - someone who is not actively trading - can still achieve market beating results.
Overall, I think money is rolling back into the US market from the housing market. We have $17K+ in cash which I see putting back into a few stocks.
Stock Shares Purchase Price
MRVL 200 49
JLG 263 38
JOYG 242 37.17
MDR 211 42.74
AKAM 603 19.89
STX 597 20.1
GRP 250 49.23
SNDK 175 70.02
Dividends $311.46
Cash $17,072
Total Value: $118,527
posted by Andrew at
7:44 PM
3 Comments:
Hi,
What is your opinion on diversifying into gold?
This comment has been removed by a blog administrator.
Gold is interesting because people get so suckered into it.
Gold is used in industry but is mainly a luxury good - jewelry and so forth. It is also a storage of value - a substitute for money.
So gold will track other money substitutes: bonds, dollars and the stock market.
Traditionally it moves as a classic anti-inflation and anti-stock market hedge. Throughout the Jimmy Carter and Reagan inflationary period, gold was pricey. With inflation curbed, gold settled down to $350~$400 range.
The stock market seems to drive short term volatility. In the 90s when the market was booming, gold stank. The market stank for the last 5 years, and gold has soared to $560. That is a doubling of price in 5 years.
Sounds great, right? Actually, it is only fair. Gold is average compared with other commodities. Oil has tripled, steel has risen 68%, silver is up 120%, platinum 110%. Get the picture - THERE IS NOTHING SPECIAL ABOUT GOLD.
I know - that counters everything you've ever been told. Everyone looks at gold as this precious material that enjoys special status because it is demanded in jewelry and industry. As prices show, Gold is just another commodity facing the same supply and demand issues.
Gold could continue to go up - but I would doubt it will last. Steel prices are going down already. Moreover, as the US stock market rises, gold's attraction will wear off.
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